Skip to main content
FranchiseVerdict

Compare

3 brands side-by-side

Compare up to 5 brands side by side

indicates the clear winner per row. Ties and missing data are not highlighted.

How winners are chosen

Lower is better for investment, liquid capital, franchise fee, royalty and ad-fund rates, SBA charge-off rate, and owner turnover.

Higher is better for disclosed revenue and owner earnings, verdict score, total units, net unit growth, and franchisee contacts. For the letter grade, A ranks highest.

A row is highlighted only when one brand clearly leads. Ties are never highlighted, and missing data never counts as a win. Some rows (earnings-metric type, loan counts, contract terms) are informational and have no winner.

Download PDF

Focus by buyer type

Brand
Nan Xiang Xiao Long Bao logoBAbove average
Nan Xiang Xiao Long Bao
Full-Service Restaurants
2026 FDD
Remove
Church's Chicken logoBAbove average
Church's Chicken
Full-Service Restaurants
2026 FDD
Remove
Ivan Ramen logoBAbove average
Ivan Ramen
Full-Service Restaurants
2026 FDD
Remove
Vitals
FDD filing
FDD issued Apr 6, 2026
FDD issued May 1, 2026
FDD issued Mar 23, 2026
Investment range
$1.2M – $1.9M
$1.2M – $1.9M
$1.0M – $2.0M
Liquid capital
$50K – $80K
$10K – $20K
$150K – $300K
Franchise fee
$60K
$20K
$35K
Royalty rate
5.0%
5.0%
5.0%
Ad fund rate
1.0%
5.0%
0.0%
Performance
Avg gross sales
No Item 19 representation
$1.3MOutlet subset
No Item 19 representation
Median gross sales
Not disclosed
Not extracted
Not disclosed
Avg owner earnings
Metric varies by brand. Check type below
Not disclosed
$235K
Not disclosed
Earnings metric
Not classified
Restaurant Operating Profit (EBITDAR)
Not classified
Risk
Rating
BAbove average
BAbove average
BAbove average
Verdict score
49 / 100
64 / 100
49 / 100
SBA charge-off rate
Not SBA-matched
5.6% (n=31)
Not SBA-matched
SBA loans on record
N/A
31
N/A
Scale
Total units
10
885
2
Net change (latest yr)
0
+8
+1
Signed, not yet open
0 (0.00 per open outlet)
Not extracted
0 (0.00 per open outlet)
Turnover rate
0.0%
1.5%
0.0%
Contract
Initial term (years)
10
20
10
Renewal term (years)
5
10
10
Initial training (hrs)
380
150
106
Contacts
Franchisee phones
0
0
3

Need franchisee contacts for these brands?

Save with a contact bundle →